(Bloomberg) — Laws prescribing that only products made in Switzerland can be marketed using Swiss images bring some 1.4 billion francs ($1.6 billion) per year to the country’s companies, a government-sponsored study found. The so-called “Swissness Act” was introduced in 2017 and stipulates certain thresholds to allow the use of the iconic Swiss cross or...
Tag: business
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Rise in bankruptcies of Swiss companies
Significant increase in company bankruptcies Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Company bankruptcies in Switzerland skyrocketed in the first nine months of the current year. This content was published on November 6, 2024 – 09:15 According to figures released by the business...
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Global rankings: where Switzerland gets good marks – and where it could do better
Zurich took second spot behind Vienna in Mercer’s 2023 Quality of Living survey for expatriates, The Swiss city was hailed for its political stability and high-quality infrastructure. Keystone / Gaetan Bally Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Whether it is quality of life,...
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US laments ‘disappointing’ Swiss decision not to fully adopt latest EU sanctions against Russia
GENEVA (AP) — The United States is expressing disappointment over a decision by the Swiss government not to adopt all measures in the latest round of European Union sanctions against Russia over its war in Ukraine. Amb. Scott Miller, the top U.S. envoy in the Swiss capital, expressed hope that Bern will work to close...
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Switzerland Won’t Implement the EU’s Russia Sanctions on Subsidiaries
(Bloomberg) — Switzerland has decided not to fully implement the latest package of European Union sanctions against Russia, saying Swiss law already allows measures to prosecute subsidiaries of companies based in the country. “With the 14th sanctions package, the EU has introduced a general obligation for businesses to ensure that their subsidiaries in third countries...
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Switzerland’s priciest street makes room for a bakery shop
John Baker bakery. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. On Zurich’s Bahnhofstrasse – where international luxury brands rule – an artisanal bakery/pastry shop is making a go for it. This content was published on October 15, 2024 – 11:00 It is one...
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Now Hiring: Little Switzerland looks to hire over 100 seasonal positions
SLINGER, Wis. — The calendar may say October, but the team at Little Switzerland is already thinking ahead to the snowy season. What You Need To Know Little Switzerland is hiring for the winter season Around 100 positions are available There are two upcoming job fairs The popular ski hill is preparing to hire around 100 workers for the upcoming winter season. While the start...
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UK Resumes Trade Talks With Switzerland in ‘Global Britain’ Push
(Bloomberg) — British and Swiss trade negotiators will resume trade talks on Monday as they seek to broker deeper access to each other’s financial services markets as well as agreements on data sharing and worker visas. The meeting in London — the fifth round of talks between the two nations aimed at enhancing their existing...
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Private Equity Billionaires Seek to Torpedo Swiss-EU Talks
(Bloomberg) — Switzerland’s efforts to forge a new deal to govern relations with the European Union have run into substantial new opposition, in the form of the three billionaire founders of Partners Group Holding AG. Alfred Gantner, Marcel Erni and Urs Wietlisbach, Goldman Sachs Group Inc. alumni who’ve built one of Europe’s most valuable private...
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UBS lowers growth forecasts for Swiss economy in 2025
UBS believes that the main risks lie with the eurozone, Switzerland’s most important foreign trade partner. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. Economists at UBS, Switzerland’s biggest bank, have lowered their growth forecasts for the country’s economy next year, citing a slowdown...
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Swiss retailer Galaxus to create 1,000 jobs in Germany
Galaxus, which is owned by Swiss retail giant Migros, is opening a new logistics center in Neuenburg am Rhein. Keystone-SDA Listen to the article Listening the article Toggle language selector English (US) English (British) Generated with artificial intelligence. The online retailer Galaxus, owned by Migros, continues to expand in Germany. It has laid the foundation...
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How Switzerland is training up the next generation of luxury hoteliers
Switzerland has made a name – and business – for itself training up the next generation of hoteliers. Nestled in the hills above the city of Lausanne, the école hôtelière de Lausanne (EHL) is one of the schools doing just that. ADVERTISEMENT The stakes are high in a Michelin-starred restaurant – and they are even...